Shanghai’s gold ATM draws crowds as prices soar

  • Bring your gold for real-time pricing and 30 minute payouts

Shanghai has introduced the world’s first "Gold ATM".

Its attracting strong interest from residents looking to sell gold amid record-high prices.

The ATM weighs, verifies, and recycles gold with real-time pricing and instant payouts—charging a service fee of 18 yuan per gram and completing transactions in about 30 minutes.

gold atm 22 April 2025 2

More here if you are interested.

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